1. The Euro is replaced as the dollar as the new “reserve currency” and becomes more commonly used.
2. The Chinese Yuan is revalued and given a much higher value.
What happens to the world economy when these 2 things occur?
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March 11th, 2010 at 6:56 pm
Surprisingly, the value of the dollar has gone up despite this crisis. ???
March 11th, 2010 at 7:31 pm
Nothing, but it will impact the US standing in the world.